Sending money from Philippines to Germany

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Ioklon
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Hey there! I have googled the subject of transferring money out of the Philippines to my family in Germany and it seemed to me much of confusion. If anyone has any experience of sending money abroad with minimum fees and delays? Thank you!

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hk blues
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13 minutes ago, Ioklon said:

Hey there! I have googled the subject of transferring money out of the Philippines to my family in Germany and it seemed to me much of confusion. If anyone has any experience of sending money abroad with minimum fees and delays? Thank you!

The only time I tried it was with my bank here, Metrobank, to Hong Kong.  It was not an easy process and required changing PHP to USD in cash and then transferring the USD to Hong Kong.  It seemed impossible to transfer PHP out.  If I had had a USD account it would have been much easier I believe.  It arrived in a day or so - I don't remember the fee so couldn't have been extornionate.

Sorry that doesn't really help!

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Gas
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BDO do international wire transfers for around 500 pesos, but it was stopped in mid march and i am not sure if they have reopened the service. 

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Gas
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22 minutes ago, hk blues said:

The only time I tried it was with my bank here, Metrobank, to Hong Kong.  It was not an easy process and required changing PHP to USD in cash and then transferring the USD to Hong Kong.  It seemed impossible to transfer PHP out.  If I had had a USD account it would have been much easier I believe.  It arrived in a day or so - I don't remember the fee so couldn't have been extornionate.

Sorry that doesn't really help!

We moved money to Australia in March using Metrobank and as you said it was a right palavar!  

Edited by Gas
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Jollygoodfellow
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49 minutes ago, Ioklon said:

Hey there! I have googled the subject of transferring money out of the Philippines to my family in Germany and it seemed to me much of confusion. If anyone has any experience of sending money abroad with minimum fees and delays? Thank you!

Are you talking a small amount or a big transfer? 

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Old55
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Loclon…… Never to be seen again. :wave:

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Jollygoodfellow
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17 minutes ago, Old55 said:

Loclon…… Never to be seen again. :wave:

He joined up under "Futers" username with the same recommendation to the same bank and Futers got booted.  :pufff:

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